Xstrata keeping sharp eye on South African costs

XSTRATA estimates it is saving more than $110 million in additional development and construction costs by ensuring the management team is very “hands on” at its new Project Lion ferrochrome operation in South Africa.

Xstrata keeping sharp eye on South African costs Xstrata keeping sharp eye on South African costs Xstrata keeping sharp eye on South African costs Xstrata keeping sharp eye on South African costs Xstrata keeping sharp eye on South African costs

The estimated saving, as reported by Macquarie Research following a site visit, results from the dozen or so members of the team being closely “involved in the onsite construction (fabrication,

loader